712 Highway 76 - Specialty FOR SALE


White House, TN 37188
$5,836,644 USD
332-345-4220
712 Highway 76, White House, TN for Sale
$5,836,644 USD
Specialty - FOR SALE
1/2
null | 6% Cap Rate

712 Highway 76
White House, TN 37188


HIGHLIGHTS

  • Located In Nashville MSA | One of the Most Sought After Markets in the USA | Tax Free State
  • Excellent Store Sales | High Performing Car Wash
  • Strong Corporate Guarantee
  • Bonus Depreciation

OVERVIEW

SURMOUNT is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 712 TN-76, White House, TN 37188. The site consists of roughly 3,336 rentable square feet of building space on an estimated 0.75-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/23/2022. The current annual rent is $350,199 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$5,836,644 USD

PRICE/SF

$1,621 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tidal Wave Auto Spa

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

Commercial

APN/PARCEL ID

106-050.00

ASK ABOUT THIS PROPERTY

Richard NardiSurmountMore Info
332-345-4220

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Richard NardiSurmountMore Info
332-345-4220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.